Deckers Brands Hikes Outlook On Robust Wholesale Growth

Deckers Brands Inc. sharply raised its earnings guidance for its fiscal year after reporting earnings in the third quarter  December 31 easily topped guidance. The gains were led by a 12.5 percent climb in wholesale revenue. Ugg’s sales grew 3.6 percent while Hoka One One’s revenues jumped 79.2 percent.

NSSRA Elects New Officers And Directors

The National Ski & Snowboard Retailers Association (NSSRA), at its annual meeting at the Outdoor Retailer Snow Show, elected three Officers and four new members to serve on the board of directors.

Denver To Host First-Ever UIAA Ice Climbing World Cup Finals

For the first time ever in North America, the world’s top men and women ice climbers will compete in the UIAA Ice Climbing World Cup Finals. From February 22-24, in downtown Denver’s Civic Center Park, onlookers can watch elite athletes compete for world titles in multiple categories.

Timberland Names Chris McGrath Vice President, Global Footwear Design

Timberland announced that industry veteran Chris McGrath has been named vice president, global footwear design. In this role, McGrath will lead the brand’s footwear design strategy across men’s, women’s and kids’, working closely with recently-appointed creative director Christopher Raeburn.

Moody’s Lowers Academy’s Debt Ratings Again

Moody’s Investors Service downgraded Academy’s debt for the second time since September 2018. The downgrades reflect Moody’s expectations for continued weak earnings and credit metrics in the near term, driven by a challenging operating environment, the transition of the company’s merchandising assortment, margin pressure from the mix shift to e-commerce and investments needed to improve the store and digital experience.

Safilo’s Sales Rise 1.3 Percent In Q4

Safilo Group S.p.A. reported preliminary net sales in the fourth quarter equaled €249.1 million, up 1.3 percent at constant exchange rates and 1.8 percent at current exchange rates compared to the same period of 2017. The performance of the wholesale business was negative by 4.1 percent at constant exchange rates.